Reuters | Oil rises as Saudi output dips, US drilling stalls Reuters Markets also anticipated an announcement from Washington later on Monday on renewed U.S. sanctions against major oil exporter Iran. So-called “snapback” sanctions are due to be reinstated at 12:01 a.m. EDT on Tuesday, according to a U.S. Treasury ... Oil prices edge up after Saudi output dips, US drilling stalls The Key Oil Price Driver By 2020 Oil prices drop mainly due to higher supply from OPEC, Russia |